Find Property and Real Estate expertise in United Republic of Tanzania

The markets for both commercial and residential property are not well developed. All land in Tanzania, commercial and residential, is owned by the government although in the early 2010s many were calling for this law to be revised. Individuals, including foreigners, may buy leasehold property for up to 99 years, and, subject to the approval of the Tanzania Investment Centre (or Zanzibar Investment Promotion Authority in Zanzibar). However foreign individuals purchasing leasehold land may only do so for investment purposes and with the proper approval. 

There is a small market for expatriate housing and this community is principally based around Oyster Bay in Dar es Salaam. The supply of high end and middle level residential units in the country is limited, estimated at between around 6,000 and 8,000. Stamp duty consists of a 10% withholding tax fee and a 1% stamp duty fee for money or any property. In addition, net rental income is taxable at 30%. 

The World Economic Forum Global Competitiveness Report (2012-2013) ranks Tanzania 106th out of 144 countries worldwide for property rights (including financial assets). The country scores 3.6 out of 7 where 1 indicates that property rights are poorly protected and 7 that such rights are very strongly protected. The world mean for this report was 4.3. The World Bank Ease of Doing Business Index ranks Tanzania 137th out of 185 countries worldwide when it comes to registering a property. 

Property and Real Estate organisations in United Republic of Tanzania
Ace Technologies Ghana
Beacon Training
Bumaco Ltd
City Properties Ltd
Gimco Africa Property Management Limited
Golden Land Shelters Ltd
H & R Consultants Ltd
Kambembe Enterprises Ltd
Knight Frank
Let Consultants Ltd
Makfan Realtor
Masai Real Estate Agency Ltd
Msama Auction Mart
My Beach
Nuru Brokers
Proper-Consult (T) Ltd
Property Consultancy and Services Ltd
Real Estate Surveyors & Associates Limited
Rupia Investment Co. Ltd
Skymark Realties Ltd
Tan Valuers And Property Consultants
Trace Associates Ltd